IRT Independence Realty Trust Inc

  1. Stocks
  2. Real Estate
  3. NYSE: IRT

Price (delayed)

$16.59

Market cap

$3.91B

P/E Ratio

92.17

Dividend/share

$0.69

EPS

$0.18

Enterprise value

$6.31B

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Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 59

Independence Realty Trust, Inc is an equity real estate investment trust launched by RAIT Financial Trust. It is managed by Independence Realty Advisors, LLC. The fund invests in the real ...

Highlights
The gross profit has grown by 3.3% YoY
The revenue is up by 3.5% year-on-year
The EPS has soared by 64% YoY but it has contracted by 10% from the previous quarter
IRT's net income has soared by 57% year-on-year but it is down by 10% since the previous quarter
Independence Realty Trust's debt has increased by 9% YoY
Sector: Real Estate
Industry: REIT - Residential
Website: http://www.irtliving.com
Peers: MPT BDN BFS

Key stats

What are the main financial stats of IRT

IRT stock price

How has the Independence Realty Trust stock price performed over time
Intraday
-0.24%
1 week
-2.58%
1 month
0.73%
1 year
-3.32%
YTD
-5.09%
QTD
-0.6%

Financial performance

How have Independence Realty Trust's revenue and profit performed over time
Revenue
$666.83M
Gross profit
$391.64M
Operating income
$112.95M
Net income
$43.48M
Gross margin
58.7%
Net margin
6.5%
IRT's net income has soared by 57% year-on-year but it is down by 10% since the previous quarter
Independence Realty Trust's net margin has soared by 51% YoY but it has decreased by 11% from the previous quarter
Independence Realty Trust's operating margin has decreased by 11% YoY and by 2.3% QoQ
Independence Realty Trust's operating income has decreased by 8% YoY

Price vs fundamentals

How does IRT's price correlate with its fundamentals

Growth

What is Independence Realty Trust's growth rate over time

Valuation

What is Independence Realty Trust stock price valuation
IRT P/E details
P/E
92.17
P/B
1.16
P/S
5.86
EV/EBIT
49.79
EV/EBITDA
16.56
EV/Sales
9.46
The EPS has soared by 64% YoY but it has contracted by 10% from the previous quarter
IRT's price to earnings (P/E) is 13% higher than its 5-year quarterly average of 81.5 but 13% lower than its last 4 quarters average of 105.5
The P/B is 5% more than the last 4 quarters average of 1.1 but 3.3% less than the 5-year quarterly average of 1.2
IRT's price to sales (P/S) is 20% lower than its 5-year quarterly average of 7.3
The revenue is up by 3.5% year-on-year

Efficiency

How efficient is Independence Realty Trust business performance
IRT's return on equity has surged by 63% year-on-year but it is down by 7% since the previous quarter
IRT's ROA is up by 40% year-on-year but it is down by 13% since the previous quarter
The ROS has grown by 18% YoY but it has contracted by 2.1% from the previous quarter
Independence Realty Trust's return on invested capital has increased by 15% YoY

Dividends

What is IRT's dividend history
Dividend details
DPS
$0.69
Dividend yield
4.16%
Payout ratio
383.3%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Independence Realty Trust financials performed over time
Independence Realty Trust's total assets is 134% more than its total liabilities
Independence Realty Trust's total liabilities has increased by 8% YoY
Independence Realty Trust's total assets has increased by 2.2% YoY
Independence Realty Trust's debt is 27% less than its equity
IRT's debt to equity is up by 11% YoY
Independence Realty Trust's debt has increased by 9% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.